The LGL Group, Inc. (NYSEAMERICAN:LGL) Short Interest Down 32.9% in February

The LGL Group, Inc. (NYSEAMERICAN:LGL) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, a decline of 32.9% from the February 13th total of 16,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 2.2 days.

The LGL Group Stock Performance

NYSEAMERICAN LGL traded up $0.40 during mid-day trading on Friday, hitting $6.38. The stock had a trading volume of 7,681 shares, compared to its average volume of 4,913. The LGL Group has a twelve month low of $4.86 and a twelve month high of $7.01. The company has a market cap of $34.15 million, a P/E ratio of -1.68, a P/E/G ratio of 1.42 and a beta of 0.60.

The LGL Group Company Profile

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; Network Time Protocol (NTP) servers; and redundancy auto switches.